NEC to Receive 5-Year Plan Submission?

NEC to Receive 5-Year Plan Submission?
Islamabad: The government has drafted a five-year plan (2024-2029), which is set to be submitted to the National Economic Council (NEC) for approval in a meeting chaired by Prime Minister Shehbaz Sharif today (Monday).
Officials indicate that the NEC will review the Ministry of Planning, Development, and Special Initiatives' proposal regarding the socioeconomic objectives of the 13th Five-Year Plan (2024–29).
This plan, intended for long-term economic planning, is scheduled to be approved alongside the budget for the upcoming fiscal year (2024–25). The approval of this plan is on the agenda for today's NEC meeting, according to sources.
The five-year plan encompasses major economic indicators, a macroeconomic framework, balance of payments, development outlay, food and agriculture, population, poverty, and governance reforms. The NEC, recently constituted, will play a crucial role in setting these objectives and guiding the country's economic direction.